Ill. Admin. Code tit. 41 § 292.30
Current through Register Vol. 49, No. 2, January 10, 2025
The Program provideszero-interest loans or low-interest loans to applicants to finance or reimburse the purchase of ambulances up to a maximum of $200,000 per recipient per fiscal year [ 20 ILCS 3501/825-85] . Loan proceeds may be used to pay off a loan that was obtained no more than one year prior to the receipt of a loan under this Program if the loan being paid off was obtained to purchase the ambulance that is the subject of the application that was approved under this Program.
Ill. Admin. Code tit. 41, § 292.30